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GM! โ˜• Beware of AI companies! ๐Ÿ˜Ž

Oracle says OpenAI committed $300B for cloud compute โ†’ Oracle stock jumps 36% (best day since 1992)

Oracle runs on Nvidia GPUs โ†’ has to buy billions in chips from Nvidia

Nvidia just announced they're investing $100B into OpenAI

OpenAI uses that money to... pay Oracle... who pays Nvidia... who invests in OpenAI. ๐Ÿ˜…

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Chris Krause 3mo ago

GM!

Yes, the good ole cartel feeding itself by living very close to the money printer.

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